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Date: 12/10/2017

Backing Capital Care Group’s acquisition of a new care home and the refinancing of its existing portfolio.

Lawyers from Harrison Clark Rickerbys put their specialist expertise to good use to secure the £10.2m package for their long-standing client.

The deal, which sees the group adding the 47-bed Anville Court care home in Wolverhampton to its existing list of homes in Stoke-on-Trent, Macclesfield, Shropshire and Worcestershire, drew together a team led by finance expert Tim Littler and healthcare expert Charlotte Thornton-Smith. This is the third acquisition the firm has managed for the group in the last year.
Charlotte said: “Our in-depth healthcare knowledge, combined with our banking team’s financial expertise meant that we were able to help them cover all the angles with confidence. Being able to bring together this kind of team means that clients receive much more than simple legal advice – they benefit from our knowledge of the wider implications of their acquisition and from our ability to anticipate issues which may arise so that they can plan ahead.”
The group provides a wide range of specialist care and support services for adults and older people with a wide range of needs including EMI Care, nursing care, residential care, respite care and dementia care.
Harrison Clark Rickerbys has 450 staff and partners based at offices in Birmingham, Worcester, Hereford, the Thames Valley, Cheltenham and the Wye Valley, who provide a complete spectrum of legal services to both business and private clients, regionally and nationwide.

The firm also has a number of highly successful teams specialising in individual market sectors, including health and social care, education, agricultural and rural affairs, defence, security and the forces, advanced manufacturing and construction.